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Thursday, October 16, 2014

Guest Post - Death and Taxes

Robin Hyde-Chambers in the UK presents an interesting guest post on "death and taxes." I expect the US data is similar to the UK data he presents. I think that people who have made wills, living trusts and similar documents, will want to review them with their advisers to see if anything should be done to cover all of the digital assets we have today (such as your photos on Shutterfly or Instagram, your blog, your LinkedIn page, your bitcoin, etc.). And of course, there are taxes that can come into play in many ways, beyond estate taxes that do not apply to many in the U.S.  For example, property taxes on revalued property that has been transferred.

Thanks to Robin for the nice infographic and information. ‘Death & Taxes – Are you Financially Ready to die?’- Infographic
What do you think?

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